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Farm Life: Beginning Farmer and Rancher Opportunities

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Forum: Farm LifeReplies: 2, Views: 101
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United States
(Zone 5b)

March 8, 2008
8:10 PM

Post #4638765

Land Link helps beginning farmers and ranchers gain access to the land, financing, knowledge and skills that they need to make a successful start.

Financing for Beginning Farmers and Ranchers
Land Link also serves as the nation's premier information and referral source on farm transitions and financing. Before seeking outside financing, beginning farmers and ranchers need to do some basic planning. See our financial picture overview with 8 factors beginning farmers and ranchers should consider before seeking financing. Then look at a review of beginning farmer financing programs.

We advocate for innovative measures like the Nebraska's Beginning Farmer Tax Credit Act that make it possible for established farmers to receive a tax credit when they rent equipment, livestock, or land to a beginning farmer or rancher. Nebraska tax incentive programs encourage cooperation with beginning farmers or ranchers. Look at a review of the tax incentive program fact sheet. You can also find a succession planning questionnaire (pdf) to help with retirement planning.

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